AsiaStrategy Financials
This page shows AsiaStrategy (SORA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
AsiaStrategy has an operating margin of 1.3%, meaning the company retains $1 of operating profit per $100 of revenue. This below-average margin results in a low score of 6/100, suggesting thin profitability after operating expenses. This is down from 2.8% the prior year.
AsiaStrategy's revenue declined 6.4% year-over-year, from $18.8M to $17.6M. This contraction results in a growth score of 10/100.
AsiaStrategy has elevated debt relative to equity (D/E of 2.35), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 24/100, reflecting increased financial risk.
With a current ratio of 2.87, AsiaStrategy holds $2.87 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 95/100.
AsiaStrategy generates a -3.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -33.3% the prior year.
AsiaStrategy scores 8.41, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($44.5M) relative to total liabilities ($5.3M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
AsiaStrategy passes 3 of 9 financial strength tests. No profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, AsiaStrategy generates $10.97 in operating cash flow (-$463K OCF vs -$42K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
AsiaStrategy earns $0.8 in operating income for every $1 of interest expense ($228K vs $283K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
AsiaStrategy generated $17.6M in revenue in fiscal year 2024. This represents a decrease of 6.4% from the prior year.
AsiaStrategy's EBITDA was $230K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 56.6% from the prior year.
AsiaStrategy reported -$42K in net income in fiscal year 2024. This represents a decrease of 121.5% from the prior year.
AsiaStrategy earned $-0.00 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 120.4% from the prior year.
AsiaStrategy held $3.0M in cash against $3.2M in long-term debt as of fiscal year 2024.
AsiaStrategy had 22M shares outstanding in fiscal year 2024. This represents an increase of 11.0% from the prior year.
AsiaStrategy's gross margin was 8.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.7 percentage points from the prior year.
AsiaStrategy's operating margin was 1.3% in fiscal year 2024, reflecting core business profitability. This is down 1.5 percentage points from the prior year.
AsiaStrategy's net profit margin was -0.2% in fiscal year 2024, showing the share of revenue converted to profit. This is down 1.3 percentage points from the prior year.
AsiaStrategy's ROE was -3.1% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 30.2 percentage points from the prior year.
SORA Income Statement
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Revenue | N/A | N/A |
| Cost of Revenue | N/A | N/A |
| Gross Profit | N/A | N/A |
| R&D Expenses | N/A | N/A |
| SG&A Expenses | N/A | N/A |
| Operating Income | N/A | N/A |
| Interest Expense | N/A | N/A |
| Income Tax | N/A | N/A |
| Net Income | N/A | N/A |
| EPS (Diluted) | N/A | N/A |
SORA Balance Sheet
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Total Assets | $6.6M+19.0% | $5.6M |
| Current Assets | $5.8M+26.7% | $4.6M |
| Cash & Equivalents | $3.0M+101.7% | $1.5M |
| Inventory | $2.2M+8.7% | $2.0M |
| Accounts Receivable | N/A | $142K |
| Goodwill | N/A | N/A |
| Total Liabilities | $5.3M-14.7% | $6.2M |
| Current Liabilities | $2.0M-26.2% | $2.7M |
| Long-Term Debt | $3.2M-5.5% | $3.4M |
| Total Equity | $1.4M+332.2% | -$592K |
| Retained Earnings | -$638K-7.1% | -$596K |
SORA Cash Flow Statement
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Operating Cash Flow | N/A | N/A |
| Capital Expenditures | N/A | N/A |
| Free Cash Flow | N/A | N/A |
| Investing Cash Flow | N/A | N/A |
| Financing Cash Flow | N/A | N/A |
| Dividends Paid | N/A | N/A |
| Share Buybacks | N/A | N/A |
SORA Financial Ratios
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Gross Margin | N/A | N/A |
| Operating Margin | N/A | N/A |
| Net Margin | N/A | N/A |
| Return on Equity | N/A | N/A |
| Return on Assets | N/A | N/A |
| Current Ratio | 2.87+1.2 | 1.67 |
| Debt-to-Equity | 2.35+8.1 | -5.77 |
| FCF Margin | N/A | N/A |
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Frequently Asked Questions
What is AsiaStrategy's annual revenue?
AsiaStrategy (SORA) reported $17.6M in total revenue for fiscal year 2024. This represents a -6.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is AsiaStrategy's revenue growing?
AsiaStrategy (SORA) revenue declined by 6.4% year-over-year, from $18.8M to $17.6M in fiscal year 2024.
Is AsiaStrategy profitable?
No, AsiaStrategy (SORA) reported a net income of -$42K in fiscal year 2024, with a net profit margin of -0.2%.
What is AsiaStrategy's earnings per share (EPS)?
AsiaStrategy (SORA) reported diluted earnings per share of $-0.00 for fiscal year 2024. This represents a -120.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is AsiaStrategy's EBITDA?
AsiaStrategy (SORA) had EBITDA of $230K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does AsiaStrategy have?
As of fiscal year 2024, AsiaStrategy (SORA) had $3.0M in cash and equivalents against $3.2M in long-term debt.
What is AsiaStrategy's gross margin?
AsiaStrategy (SORA) had a gross margin of 8.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is AsiaStrategy's operating margin?
AsiaStrategy (SORA) had an operating margin of 1.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is AsiaStrategy's net profit margin?
AsiaStrategy (SORA) had a net profit margin of -0.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is AsiaStrategy's return on equity (ROE)?
AsiaStrategy (SORA) has a return on equity of -3.1% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is AsiaStrategy's operating cash flow?
AsiaStrategy (SORA) generated -$463K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are AsiaStrategy's total assets?
AsiaStrategy (SORA) had $6.6M in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does AsiaStrategy have outstanding?
AsiaStrategy (SORA) had 22M shares outstanding as of fiscal year 2024.
What is AsiaStrategy's current ratio?
AsiaStrategy (SORA) had a current ratio of 2.87 as of fiscal year 2024, which is generally considered healthy.
What is AsiaStrategy's debt-to-equity ratio?
AsiaStrategy (SORA) had a debt-to-equity ratio of 2.35 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is AsiaStrategy's return on assets (ROA)?
AsiaStrategy (SORA) had a return on assets of -0.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is AsiaStrategy's cash runway?
Based on fiscal year 2024 data, AsiaStrategy (SORA) had $3.0M in cash against an annual operating cash burn of $463K. This gives an estimated cash runway of approximately 78 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is AsiaStrategy's Altman Z-Score?
AsiaStrategy (SORA) has an Altman Z-Score of 8.41, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is AsiaStrategy's Piotroski F-Score?
AsiaStrategy (SORA) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are AsiaStrategy's earnings high quality?
AsiaStrategy (SORA) has an earnings quality ratio of 10.97x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can AsiaStrategy cover its interest payments?
AsiaStrategy (SORA) has an interest coverage ratio of 0.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is AsiaStrategy?
AsiaStrategy (SORA) scores 27 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.